2014 BMD to SZL Historical Review

YEARLY HIGH

11.6877 SZL

YEARLY LOW

10.3191 SZL

YEARLY AVERAGE

10.8494 SZL

2014 BMD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BMD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 11.6877. Conversely, the yearly low was recorded on May 14, dropping to 10.3191.

This high-to-low spread represents a total annual volatility of 1.3685 SZL. From a start-to-finish perspective, comparing the January average rate of 10.8546 to the December average rate of 11.5037, the exchange rate registered a net change of 5.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 11.6877 was up 11.22% compared to the 2013 peak of 10.5087, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BMD based on timing:

Yearly Peak High 58,438 SZL

2013 Average 48,243 SZL

Yearly Trough Low 51,596 SZL

Transaction Impact: A difference of 6,842.70 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

11.6131

10.3011

JanuMarcMayJulySeptNove

BMD to SZL Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 10.7014, compared to 10.9974 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2961 points.

H1 Avg (Jan–Jun) 10.7014

H2 Avg (Jul–Dec) 10.9974

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.7153 SZL (High: 11.2373 / Low: 10.5220). On the other end, August was the most stable month, with a tight range of 0.1802 SZL (High: 10.7455 / Low: 10.5653).

January Spread (Volatile) ±0.7153

August Spread (Stable) ±0.1802

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2413 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2413

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 11.5037) against the same month in 2013 (average: 10.3703), the exchange rate shifted by +1.1334 (+10.93%).

2014 Avg (December) 11.5037

2013 Avg (December) 10.3703

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.2373	10.5220	10.8546
February	11.2515	10.7326	10.9829
March	10.8856	10.5601	10.7417
April	10.6574	10.4206	10.5524
May	10.5214	10.3191	10.4105
June	10.7887	10.5195	10.6661
July	10.7774	10.5204	10.6635
August	10.7455	10.5653	10.6668
September	11.2719	10.6698	10.9806
October	11.3432	10.8956	11.0850
November	11.2590	10.9505	11.0849
December	11.6877	11.0230	11.5037